An analysis said expanding acceptance of bitcoin on Wall Street has created the best buying opportunity ever. Mark Moss (마크 모스), co-founder and advisory partner of the Bitcoin Opportunity Fund, forecast bitcoin would set a new all-time high in 2027 as access to investment through banks and exchange-traded funds (ETFs) has improved.

On Nov. 10, Cointelegraph reported that Moss said in an interview that the bitcoin market is at a turning point, spreading from early investors to retail investors. Banks and ETFs have made it easier to buy bitcoin, and financial advisers can recommend bitcoin to clients who had previously avoided it, he said. He added that many people still think bitcoin is a scam, and argued that such skepticism instead creates a buying opportunity.

Moss said the investment environment has changed significantly since he first bought bitcoin in 2015. At the time, bitcoin was recovering after plunging from $1,000 to $200, and he bought at about $300. The risk was high then, but now there is consensus among the U.S. government and Wall Street, he said.

Despite the recent price decline, Moss said selling pressure is weakening. Bitcoin briefly rose above $80,000 after the U.S. midterm elections, but gave up gains as selling in technology stocks continued. It fell to $74,762 on Friday and slid to about $73,500 late Sunday, marking the lowest level since August. Moss said the price did not drop sharply even after a $6.3 billion Binance hack, which he cited as evidence that selling pressure is easing.

Fund flows in U.S. spot bitcoin ETFs diverged sharply during election week. About $75 million flowed in on Wednesday, but there was a net outflow of $430 million on Thursday. Citing past data showing bitcoin rose by an average of about 53 percent over 12 months after three U.S. midterm elections since 2014, Moss said he expects a new record high in 2027.

Among bitcoin treasury strategy companies, he named Strategy as a promising investment. Strategy has been buying bitcoin since 2020 and has raised funds for purchases through stock and debt issuance. As of Nov. 2, it held 849,327 BTC, exceeding 4 percent of bitcoin's maximum supply. Moss said no listed company will beat Strategy over the next 10 years. Still, he said it is better to hold bitcoin directly even if there is potential for the stock price to rise using leverage, and said he would not swap his bitcoin for Strategy shares.

Over the long term, he also raised the possibility that bitcoin could reach $1 million. That is possible if some assets invested in stocks, bonds, gold and real estate shift into bitcoin, he said. The scenario assumes financial advisers reduce clients' allocations to stocks or bonds and allocate some to bitcoin, with such moves accumulating. It also requires that bitcoin maintain security and decentralisation. Moss said it could reach $1 million by 2030, but the actual timing could be delayed until 2032.